Best Crypto to Buy as El Salvador Welcomes Bitcoin Investment Banks
El Salvador has passed a new Investment Banking Law allowing private investment banks to hold $BTC and other digital assets on their balance sheets.
These firms can now offer crypto services to ‘sophisticated investors’ and even obtain a Digital Asset Service Provider (PSAD) license, which would enable them to operate as full-fledged Bitcoin banks.
This could be a historic milestone for the country, opening the door for high-net-worth individuals to access regulated crypto investment opportunities.
It’s also set to attract foreign investors from countries with rigid crypto laws, positioning El Salvador as a safe crypto haven. An influx of foreign Bitcoin would boost liquidity and give the nation the financial stability it…
